Fed's Evans: Real economy is doing quite well in the U.S.

Federal Reserve Bank of Chicago’s President Charles Evans was on the wires last minutes, via Reuters, highlighting that one rate hike may be “appropriate” this year.

Key quotes:

• Sees natural rate of US employment at 4.75%
• Does not see see inflation reaching 2% before end 2018
• Economy doing quite well despite uncertainty, headwinds
• We should aim to get inflation a bit above feds 2% goal
• Pushing inflation to 2.5% should be manageable
• Says he expects 1.5 to 1.75% GDP growth in 2016
• Long-lasting risks if inflation doesn't reach 2%